First Industrial Realty Trust, Inc. which can be found using ticker (FR) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $63.00 and $41.00 with the average target price sitting at $50.79. Now with the previous closing price of $52.31 this would imply there is a potential downside of -2.9%. It’s also worth noting that there is a 50 day moving average of $45.21 and the 200 day moving average is $50.14. The company has a market cap of 7.14B. The stock price is currently at: $53.97 USD
The potential market cap would be $6,931,443,686 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 26.72, revenue per share of $4.57 and a 3.03% return on assets.
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. The Company manages, leases, buys, (re) develops, and sells bulk and regional distribution centers, light industrial, and other industrial facility types. The Company owns approximately 426 industrial properties, of which 416 are classified as in-service. The 416 in-service industrial properties contained an aggregate of approximately 62.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.
